People In Organisations Flashcards
What do they want the future workforce to be ?
They will highlight shortages, surpluses and competency (skills and education) gaps.
What are the main drivers for workforce planning?
Business objectives
Labour market
Demographic and social change
Technological change
What are business objectives?
Development and change of business objectives; if they need to change something to increase sales.
What is labour market?
Labour market trends have implications for recruitment and retention of staff.
What is demographic and social change?
Demographic change such as the ageing population in the UK is affecting both demand for products and services and workforce supply.
What is technological change?
Technological change is leading to large changes in ways of working and the skills needed in the workforce; ict skills and updated machines.
What are benefits of workforce planning?
Training
Employee retention
Diversity policies
Staff performance and absence
What is the formal description recruitment process?
Every job should have a job description that explains the tasks involved in the job, the job title, responsibilities attached to the job, place of work and employment conditions (holidays, salary etc)
Next is the preparation of a job specification, this describes the skills, knowledge and experience needed to complete this job.
What is internal methods of recruitment?
Finding someone already employed in the firm to fill a vacancy.
What are advantages of internal recruitment?
They will already know the company and its methods of working therefore they’re likely to settle into a job.
Cost of recruitment is reduced as theres no need for external advertisements and all the administrative costs for dealing with applications.
It will increase motivation within the workforce.
What are the methods of external recruitment?
This will depend on the vacancy/vacancies.
Recruitment agencies
Head hunters
Local papers
What is psychometric testing?
This is used to test someone’s ability, personality and interest so these are useful for sifting out large numbers of applicants at an early stage which will save both time and money.
What is staff appraisal?
Staff should regularly be appraised so once every six months or an annual basis in which the staff members performance is analysed normally against performance targets. They’ll be judged on:
Tasks completed,number of complaints, performance of subordinates, management of budget etc.
What are financial incentives?
Paying someone to do work and the better they do, the more money they get.
What are some examples of financial benefits?
Wages, salaries, profit related pay, fringe benefits
Bonus schemes: sales bonus, performance bonus, Christmas bonus, profit share.